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Shown Here:Introduced in House (06/26/2002)

[Congressional Bills 107th Congress]
[From the U.S. Government Printing Office]
[H.R. 5026 Introduced in House (IH)]
107th CONGRESS
2d Session
H. R. 5026
To amend the Internal Revenue Code of 1986 to provide for a
nonrefundable tax credit for law enforcement officers who purchase
armor vests, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 26, 2002
Mr. Paul introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide for a
nonrefundable tax credit for law enforcement officers who purchase
armor vests, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Police Security Protection Act''.
SEC. 2. CREDIT FOR AN ARMOR VEST PURCHASE.
(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to nonrefundable
personal credits) is amended by inserting after section 25B the
following new section:
``SEC. 25C. PURCHASE OF AN ARMOR VEST BY A LAW ENFORCEMENT OFFICER.
``(a) Allowance of Credit.--In the case of an individual who is a
law enforcement officer or private security officer, there shall be
allowed as a credit against the tax imposed by this chapter an amount
equal to 100 percent of the amount paid by the taxpayer for the
purchase of an armor vest.
``(b) Limitations.--
``(1) Maximum credit.--The credit allowed under subsection
(a) shall not exceed $1,200 for each law enforcement officer.
``(2) Carryforward of unused credits.--If the credit
allowable under subsection (a) for any taxable year exceeds the
limitation imposed by section 26(a) for such taxable year
reduced by the sum of the credits allowable under this subpart
(other than this section and section 23), such excess shall be
carried to the succeeding taxable year and added to the credit
allowable under subsection (a) for such taxable year.
``(c) Definitions and Special Rules.--
``(1) Law enforcement officer.--
``(A) In general.--The term `law enforcement
officer' means any officer, agent, or employee of the
United States or any State, territory, or political
subdivision thereof as authorized by law or by a
Government agency to engage in or supervise the
prevention, detection, investigation, or prosecution of
any violation of Federal, State, territorial, or local
criminal law.
``(B) Certain individuals.--Such term includes--
``(i) a sworn correctional officer of the
United States or any State, territory, or
political subdivision thereof as authorized by
law, and
``(ii) a private campus or educational
institution security officer who has been
granted special police powers under law.
``(2) Private security officer.--The term `private security
officer' means an individual employed at the time of the
purchase of the armor vest at least 25 hours per week as a
private security officer.
``(3) Armor vest.--The term `armor vest' means--
``(A) body armor, Type I or Type II-A, which
protects against .357 Magnum jacketed soft point
bullets, with nominal masses of 10.2 g (158 gr)
impacting at a velocity of 381 meters (1250 feet) per
second or less, and 9mm full metal jacketed bullets,
with nominal masses of 8.0 g (124 gr), impacting at a
velocity of 332 meters (1080 feet) per second or less;
or
``(B) body armor which exceeds the specifications
stated in subparagraph (A), and which the law
enforcement officer's agency or department permits the
officer to wear on duty.
``(4) Special rule.--In the case of a private security
officer, no credit shall be allowed under subsection (a) with
respect to an armor vest unless such vest is purchased
exclusively for use as a private security officer.''.
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of such Code is amended by
inserting after the item relating to section 25B the following new
item:
``Sec. 25C. Purchase of an armor vest by
a law enforcement officer.''
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2002.
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